- Bullish FTM worth prediction is $0.3112 to $0.8538.
- Fantom (FTM) worth may additionally attain $1.5 quickly.
- Bearish FTM worth prediction for 2023 is $0.1696.
In Fantom (FTM) worth prediction 2023, we use statistics, worth patterns, RSI, RVOL, and different details about FTM to research the long run motion of the cryptocurrency.
Fantom (FTM) Present Market Standing
| Present Value | $0.3 |
| 24 – Hour Buying and selling Quantity | $187,221,060 |
| 24 – Hour Value Change | 1.4% up |
| Circulating Provide | 2,541,152,731 |
| All – Time Excessive | $3.46 (On October 28, 2021) |
(Supply: CoinGecko)
What’s Fantom (FTM)?
Fantom (FTM) is the native cryptocurrency of the Fantom blockchain. It exists each as an ERC-20 token and a BEP-20 token confirming that it’s appropriate with each Ethereum and Binance Sensible Chain (BSC) blockchains.
Fantom is a layer-1 EVM-compatible good contract-based blockchain that was launched in 2019. The blockchain operates on a specialised proof-of-stake (PoS) consensus protocol referred to as Lachesis. Lachesis is an asynchronous Byzantine Fault Tolerant (aBFT) PoS protocol that’s based mostly on a directed acyclic graph (DAG) algorithm.
Fantom (FTM) Value Prediction 2023
Fantom (FTM) holds the fifty fifth place on CoinGecko proper now. FTM worth prediction 2023 is defined under with a every day timeframe.
The above chart of Fantom (FTM) laid out the Ascending Triangle sample. The ascending triangle is a attribute sample of an ongoing bullish development. This triangle is shaped by a horizontal higher trendline that connects the highs and the decrease trendline that connects the rising lows. If the development breakout on the resistance degree, the value will proceed to maneuver up on this ascending triangle sample.
At present, Fantom (FTM) is within the vary of $0.325748. If the sample continues, the value of FTM would possibly attain the resistance ranges of $0.3095 and $0.5903. If the development reverses, then the value of FTM could fall to $0.1945 and $0.1617.
Fantom (FTM) Help and Resistance Ranges
The chart under reveals the assist and resistance ranges of Fantom (FTM).
From the above every day timeframe, we will clearly interpret the next because the resistance and assist ranges for Fantom (FTM).
| Resistance Stage 1 | $0.3112 |
| Resistance Stage 2 | $0.5250 |
| Resistance Stage 3 | $0.8538 |
| Help Stage | $0.1696 |
The charts present that Fantom (FTM) has carried out a bullish development over the previous month. If this development continues, FTM would possibly run together with the bulls overtaking its resistance degree at $0.8538.
Accordingly, if the traders flip towards crypto, the value of Fantom (FTM) would possibly plummet to nearly $0.1696, a bearish sign.
Fantom (FTM) Value Prediction 2023 — RVOL, MA, and RSI
The Relative Quantity (RVOL) of Fantom (FTM) is proven within the chart under. It’s an indicator of how the present buying and selling quantity has modified over a time period from the earlier buying and selling quantity. At present, the RVOL of FTM lies under the cutoff line, indicating weak members within the present development.
Additionally, the Transferring Common (MA) of Fantom (FTM) is proven within the chart above. Notably, Fantom (FTM) worth lies on the 50 MA (short-term), so it’s on an upward development. At present, FTM has entered a bullish state. Subsequently, there’s a chance of a reversal development of FTM at any time.
In the meantime, the relative energy index (RSI) of the FTM is 82.77. Which means Fantom (FTM) is in an neither overbought nor overbought state. Nonetheless, this implies a significant worth reversal of FTM could happen within the upcoming days. So, merchants have to commerce fastidiously.
Fantom (FTM) Value Prediction 2023 — ADX, RVI
Allow us to now have a look at the Common Directional Index (ADX) of Fantom (FTM). It helps to measure the general energy of the development. The indicator is the common of the increasing worth vary values. This technique makes an attempt to measure the energy of worth motion within the optimistic and unfavorable instructions utilizing DMI indicators with ADX.
The above chart represents the ADX of Fantom (FTM). At present, the ADX of FTM lies within the vary of 29.6811 and thus, it signifies a powerful development.
The above chart additionally represents the Relative Volatility Index (RVI) of Fantom (FTM). RVI measures the fixed deviation of worth modifications over a time period. The RVI of FTM lies under 50, indicating low volatility. In actual fact, the RSI of Fantom (FTM) is at 82.77, thus confirming a possible purchase sign.
Comparability of FTM with BTC, ETH
The under chart reveals the value comparability between Bitcoin (BTC), Ethereum (ETH), and Fantom (FTM).
From the above chart, we will interpret that the value motion of FTM is much like BTC and ETH. This means that when the value of BTC and ETH will increase, the value of FTM will increase.When the value of BTC and ETH decreases,the value of FTM decreases.
Fantom (FTM) Value Prediction 2024-2030
Quite a few elements are taken under consideration when forecasting costs together with quantity modifications, worth variations, market cycles, and related cash. Let’s predict the value of Fantom (FTM) between 2024 and 2030.
Fantom (FTM) Value Prediction 2024
With a number of upgrades within the community, Fantom (FTM) would possibly enter a bullish trajectory. If the coin grabs the eye of main traders, FTM would possibly rally to hit $6 by 2024.
Fantom (FTM) Value Prediction 2025
If Fantom (FTM) sustains main resistance ranges and continues to be acknowledged as a greater funding choice among the many traders for the following 3 years, FTM would rally to hit $10.
Fantom (FTM) Value Prediction 2026
If Fantom (FTM) sustains main resistance ranges and continues to be acknowledged as a greater funding choice among the many traders for the following 4 years, FTM would rally to hit $12.
Fantom (FTM) Value Prediction 2027
If Fantom (FTM) sustains main resistance ranges and continues to be acknowledged as a greater funding choice among the many traders for the following 5 years, FTM would rally to hit $14.
Fantom (FTM) Value Prediction 2028
Fantom (FTM) holds up a powerful stance as a greater funding choice for the following 6 years amid the tendencies within the highly-volatile crypto market. By driving vital worth rallies, FTM would hit $16 in 2028.
Fantom (FTM) Value Prediction 2029
If traders flock in and proceed to position their bets on Fantom (FTM), it could witness main spikes. FTM would possibly hit $18 by 2029.
Fantom (FTM) Value Prediction 2030
With higher developments within the Fantom ecosystem, the crypto neighborhood would possibly proceed to spend money on FTM for the following 8 years and drive vital worth rallies for the token. Therefore, Fantom (FTM) would possibly hit $20 by 2030.
Conclusion
With steady enhancements within the Fantom community, we will say that 2023 is an effective 12 months for FTM. For that reason, the bullish worth prediction of Fantom (FTM) in 2023 is $0.8538. However, the bearish worth prediction of Fantom (FTM) worth prediction for 2023 is $0.1696.
Moreover, with the developments and upgrades to the Fantom ecosystem, the efficiency of FTM would assist to succeed in above its present all-time excessive (ATH) of $3.46 very quickly. However, it may additionally attain $1.5 if the traders imagine that FTM is an effective funding in 2023.
FAQ
Fantom (FTM) is the native cryptocurrency of the Fantom blockchain. Fantom is a layer-1 (L1), EVM-compatible good contract-based blockchain. It exists each as an ERC-20 and a BEP-20 token. The blockchain operates based mostly on a directed acyclic graph (DAG) algorithm.
Fantom (FTM) has been listed on many crypto exchanges which embody Binance, CoinTiger, OKX, BTCEX, and Bitrue.
With the continued developments and upgrades inside the Fantom platform, FTM has a excessive chance of reaching its ATH quickly.
On October 28, 2021 Fantom (FTM) reached its new all-time excessive (ATH) of $3.46.
Fantom (FTM) appears to be one of many top-gaining cryptocurrencies this 12 months. In response to the recorded achievements of Fantom previously few months, FTM is taken into account a superb funding in 2023.
Fantom (FTM) is among the lively cryptos that continues to keep up its bullish state. Finally, if this bullish development continues then Fantom (FTM) will hit $1.5 quickly.
Fantom (FTM) worth is anticipated to succeed in $6 by 2024.
Fantom (FTM) worth is anticipated to succeed in $10 by 2025.
Fantom (FTM) worth is anticipated to succeed in $12 by 2026.
Fantom (FTM) worth is anticipated to succeed in $14 by 2027.
Disclaimer: The opinion expressed on this chart is solely the writer’s. It doesn’t symbolize any funding recommendation. TheNewsCrypto crew encourages all to do their very own analysis earlier than investing.
